{
\def\sym#1{\ifmmode^{#1}\else\(^{#1}\)\fi}
\begin{tabular}{l*{5}{c}}
\toprule
            &\multicolumn{3}{c}{\textsc{SCPC}}                                &\multicolumn{2}{c}{\textsc{ING}}           \\\cmidrule(lr){2-4}\cmidrule(lr){5-6}
            &\multicolumn{1}{c}{(1)}&\multicolumn{1}{c}{(2)}&\multicolumn{1}{c}{(3)}&\multicolumn{1}{c}{(4)}&\multicolumn{1}{c}{(5)}\\
            &\multicolumn{1}{c}{Beliefs}&\multicolumn{1}{c}{Demand}&\multicolumn{1}{c}{Demand}&\multicolumn{1}{c}{Beliefs}&\multicolumn{1}{c}{Demand}\\
\midrule
main        &                     &                     &                     &                     &                     \\
\emph{Beliefs:}&                     &                     &                     &                     &                     \\
\addlinespace
\quad Increase&                     &       0.021\sym{***}&       0.007\sym{*}  &                     &       0.191\sym{***}\\
            &                     &     (0.004)         &     (0.004)         &                     &     (0.008)         \\
\addlinespace
\quad Decrease&                     &       0.003         &       0.003         &                     &      -0.032\sym{***}\\
            &                     &     (0.004)         &     (0.004)         &                     &     (0.008)         \\
\addlinespace
\quad Increase $\times$ High familiarity&                     &                     &       0.061\sym{***}&                     &                     \\
            &                     &                     &     (0.018)         &                     &                     \\
\addlinespace
\quad Decrease $\times$ High familiarity&                     &                     &      -0.057\sym{***}&                     &                     \\
            &                     &                     &     (0.019)         &                     &                     \\
\addlinespace
\emph{Demographics:}&                     &                     &                     &                     &                     \\
\addlinespace
\quad Low income&       0.171\sym{***}&      -0.004         &      -0.001         &       0.061         &      -0.029\sym{***}\\
            &     (0.061)         &     (0.003)         &     (0.003)         &     (0.048)         &     (0.008)         \\
\addlinespace
\quad Age $\leq$ 45&       0.295\sym{***}&       0.008\sym{***}&       0.003         &       0.589\sym{***}&       0.043\sym{***}\\
            &     (0.056)         &     (0.003)         &     (0.003)         &     (0.038)         &     (0.007)         \\
\addlinespace
\quad Male  &      -0.134\sym{***}&       0.006\sym{*}  &       0.001         &      -0.104\sym{***}&       0.054\sym{***}\\
            &     (0.052)         &     (0.003)         &     (0.003)         &     (0.038)         &     (0.006)         \\
\addlinespace
\quad Education (Below bachelor)&       0.031         &      -0.002         &      -0.000         &       0.078\sym{*}  &      -0.024\sym{***}\\
            &     (0.053)         &     (0.003)         &     (0.003)         &     (0.041)         &     (0.007)         \\
\addlinespace
\quad Asset $\leq$ 20K&       0.206\sym{***}&      -0.000         &       0.000         &                     &                     \\
            &     (0.053)         &     (0.003)         &     (0.003)         &                     &                     \\
\addlinespace
\quad Non-standard employment&                     &                     &                     &       0.120\sym{***}&       0.004         \\
            &                     &                     &                     &     (0.046)         &     (0.008)         \\
\midrule
Year f.e.   &         Yes         &         Yes         &         Yes         &          No         &          No         \\
Country f.e.&          No         &          No         &          No         &         Yes         &         Yes         \\
Mean Y      &       -0.01         &        0.01         &        0.01         &        0.04         &        0.13         \\
SD Y        &        0.71         &        0.11         &        0.11         &        0.76         &        0.33         \\
Pseudo R2   &        0.01         &                     &                     &        0.03         &                     \\
Adjusted R2 &                     &        0.01         &        0.07         &                     &        0.11         \\
Observations&       5,706         &       5,706         &       5,706         &       9,949         &       9,949         \\
\bottomrule
\end{tabular}
}
